Totals
- Total revenue
- $2,096,675
- Total expenses
- $2,004,149
- Contributions and grants received
- $1,633,416
- Grants paid
- $0
- Program service revenue
- $348,524
- Investment income
- $25,092
- Other revenue
- $89,643
- Total assets, end of year
- $3,623,362
- Total liabilities, end of year
- $108,193
- Net assets or fund balances, end of year
- $3,515,169
- Program services expenses (Part IX)
- $1,853,241
- Management and general expenses
- $63,526
- Fundraising expenses
- $87,382
- Program service expenses (Part III)
- $1,853,241
Program services were 92.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,362,956
-
1f · All other contributions, gifts and grants
$270,460
-
2a · Program service revenue: ADVERTISING
total $9,000 · unrelated business $9,000
-
2b · Program service revenue: LEGACY CHASE EVENT
total $339,524 · related or exempt $339,524
-
3 · Investment income
total $25,092 · excluded $25,092
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $69,733
-
6c · Rental income or loss
real property $69,733
-
6d · Net rental income or loss
total $69,733 · excluded $69,733
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $19,910 · related or exempt $19,910
-
11e · Other revenue, total
$19,910
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $90,866 · program services $67,795 · management and general $12,511 · fundraising $10,560
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $3,383 · program services $3,383
-
10 · Payroll taxes
total $18,234 · program services $13,604 · management and general $2,511 · fundraising $2,119
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,736 · program services $2,736
-
11c · Fees: accounting
total $24,115 · program services $3,500 · management and general $20,615
-
11d · Fees: lobbying
total $35,145 · program services $35,145
-
11e · Fees: professional fundraising services
total $35,525 · fundraising $35,525
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $61,243 · program services $46,977 · management and general $1,183 · fundraising $13,083
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $9,494 · program services $667 · management and general $7,747 · fundraising $1,080
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,012 · management and general $178 · fundraising $1,834
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $28,883 · program services $27,439 · fundraising $1,444
-
23 · Insurance
total $14,942 · program services $4,538 · management and general $2,667 · fundraising $7,737
-
24a · Other expenses: PURCHASE OF LAND EASEMENTS
total $774,539 · program services $774,539
-
24b · Other expenses: KING'S EYE RESTORATION
total $474,023 · program services $474,023
-
24c · Other expenses: LEGACY CHASE
total $369,879 · program services $369,879
-
24d · Other expenses: MAINTENANCE AND REPAIRS
total $16,635 · program services $14,260 · management and general $500 · fundraising $1,875
-
24e · All other expenses
total $42,495 · program services $14,756 · management and general $15,614 · fundraising $12,125
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $283,205 · end of year $241,763
-
2 · Savings and temporary cash investments
beginning of year $117,096 · end of year $205,514
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $3,000
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,933 · end of year $638
-
10a · Land, buildings and equipment: cost or other basis
$4,460,269
-
10b · Land, buildings and equipment: accumulated depreciation
$2,150,669
-
10c · Land, buildings and equipment, net
beginning of year $2,288,571 · end of year $2,309,600
-
11 · Investments: publicly traded securities
beginning of year $244,610 · end of year $146,505
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $682,792 · end of year $716,342
-
17 · Accounts payable and accrued expenses
beginning of year $248,893 · end of year $8,193
-
25 · Other liabilities
end of year $100,000
-
27 · Net assets without donor restrictions
beginning of year $2,788,808 · end of year $2,997,730
-
28 · Net assets with donor restrictions
beginning of year $585,506 · end of year $517,439
Mission and programs · 2023
Mission
THE LAND PRESERVATION TRUST, INC. ASSISTS BALTIMORE COUNTY LANDOWNERS IN PROTECTING THEIR LAND FOR FUTURE GENERATIONS BY FACILITATING VOLUNTARY CONSERVATION AND AGRICULTURAL EASEMENTS. THE TRUST DEMONSTRATES ITS COMMITMENT TO THE STEWARDSHIP OF THE LAND AT SHAWAN DOWNS A FIRST-CLASS EQUESTRIAN CENTER AND STEEPLECHASE COURSE OWNED AND OPERATED BY THE TRUST.
Activities or mission (Part I)
THE LAND PRESERVATION TRUST, INC. ASSISTS BALTIMORE COUNTY LANDOWNERS IN PROTECTING THEIR LAND FOR FUTURE GENERATIONS BY FACILITATING VOLUNTARY CONSERVATION AND AGRICULTURAL EASEMENTS.
-
LAND PRESERVATION TRUST, INC. THE TRUST WAS FORMED FOR THE PURPOSE OF PROMOTING HUMAN NEEDS, THE PRESERVATION, PROTECTION, AND BALANCED USE OF SCENIC, NATURAL, RECREATIONAL, PRODUCTIVE, AND OPEN SPACE LANDS, INCLUDING THE ACQUISITION AND HOLDING OF FEE SIMPLE TITLE, EASEMENTS, AND OTHER REAL PROPERTY INTERESTS. THE TRUST ACQUIRES PROPERTY EASEMENTS EITHER THROUGH DONATIONS IN CONJUNCTION WITH THE MARYLAND ENVIRONMENTAL TRUST OR PURCHASES THROUGH THE MARYLAND RURAL LEGACY PROGRAM. THE TRUST ALSO OWNS AND OPERATES AN EQUESTRIAN CENTER AND STEEPLECHASE COURSE KNOWN AS SHAWAN DOWNS. SHAWAN DOWNS WAS ESTABLISHED ON 300 ACRES OF FARMLAND IN COCKEYSVILLE, MARYLAND TO PRESERVE THE LANDSCAPE'S AGRICULTURAL LEGACY WHILE BUILDING A NEW TRADITION OF EQUESTRIAN EVENTS TO BENEFIT LOCAL CHARITIES.
Expenses $1,853,241 · Revenue $368,434
As filed on the 2023 return.
Listed in Part VII
-
Victoria CollinsVICTORIA COLLINS
President
- Total calculated
- $0
- Hours/week
- 10
-
Edward A Halle Jr EsqEDWARD A HALLE JR ESQ
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Charles E ViethCHARLES E VIETH
Treasurer
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael SonnenfeldMICHAEL SONNENFELD
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jack S GriswoldJACK S GRISWOLD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gail RiepeGAIL RIEPE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael WhartonMICHAEL WHARTON
Director
- Total calculated
- $0
- Hours/week
- 7.5
-
Alice ChalmersALICE CHALMERS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Charles C Fenwick JrCHARLES C FENWICK JR
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nancy RobertsNANCY ROBERTS
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
The Legacy Chase at Shawan Downs LLC
Event Management · MD · income $427,321 · assets $19,200
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349309226
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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